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Nonprofiteer
← PROGRESSIVE INC

Form 990 for tax year 2022

Filed by PROGRESSIVE INC.

Totals

Total revenue
$1,280,469
Total expenses
$1,028,594
Contributions and grants received
$1,113,755
Grants paid
$0
Program service revenue
$163,830
Investment income
$0
Other revenue
$2,884
Total assets, end of year
$624,202
Total liabilities, end of year
$225,864
Net assets or fund balances, end of year
$398,338
Program services expenses (Part IX)
$683,392
Management and general expenses
$162,296
Fundraising expenses
$182,906
Program service expenses (Part III)
$683,392

Program services were 66.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $13,808

  • 1e · Government grants (contributions)

    $85,086

  • 1f · All other contributions, gifts and grants

    $1,014,861

  • 2a · Program service revenue: SUBSCRIPTION INCOME

    total $134,270 · related or exempt $134,270

  • 2b · Program service revenue: MAILING LIST RENTALS

    total $16,982 · excluded $16,982

  • 2c · Program service revenue: ADVERTISING REVENUE

    total $12,578 · unrelated business $12,578

  • 11d · All other revenue

    total $2,884 · excluded $2,884

  • 11e · Other revenue, total

    $2,884

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $213,006 · program services $77,816 · management and general $57,536 · fundraising $77,654

  • 7 · Other salaries and wages

    total $134,700 · program services $100,781 · management and general $33,919

  • 8 · Pension plan contributions

    total $6,622 · program services $3,460 · management and general $1,800 · fundraising $1,362

  • 9 · Other employee benefits

    total $29,781 · program services $18,618 · management and general $11,163

  • 10 · Payroll taxes

    total $25,836 · program services $13,499 · management and general $7,023 · fundraising $5,314

  • 11b · Fees: legal

    total $99 · management and general $99

  • 11c · Fees: accounting

    total $8,400 · management and general $8,400

  • 11e · Fees: professional fundraising services

    total $6,773 · fundraising $6,773

  • 11g · Fees: other

    total $305,899 · program services $295,419 · management and general $635 · fundraising $9,845

  • 12 · Advertising and promotion

    total $1,801 · program services $824 · management and general $440 · fundraising $537

  • 13 · Office expenses

    total $91,095 · program services $25,962 · management and general $14,498 · fundraising $50,635

  • 16 · Occupancy

    total $10,890 · management and general $10,890

  • 17 · Travel

    total $2,308 · program services $1,107 · management and general $951 · fundraising $250

  • 20 · Interest

    total $1,457 · management and general $1,457

  • 23 · Insurance

    total $9,597 · management and general $9,597

  • 24a · Other expenses: PRINTING AND PUBLICATIO

    total $164,398 · program services $138,613 · fundraising $25,785

  • 24b · Other expenses: BAD DEBT

    total $224 · management and general $224

  • 24e · All other expenses

    total $15,708 · program services $7,293 · management and general $3,664 · fundraising $4,751

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $302,299 · end of year $559,225

  • 4 · Accounts receivable

    beginning of year $2,950 · end of year $10,386

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,232 · end of year $35,867

  • 10a · Land, buildings and equipment: cost or other basis

    $5,218

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,218

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $20,418 · end of year $18,724

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,968 · end of year $51,054

  • 19 · Deferred revenue

    beginning of year $147,363 · end of year $174,810

  • 27 · Net assets without donor restrictions

    beginning of year $6,810 · end of year $265,311

  • 28 · Net assets with donor restrictions

    beginning of year $141,758 · end of year $133,027

Mission and programs · 2022

Mission

THE PROGRESSIVE, INC. PUBLISHES THE PROGRESSIVE MAGAZINE, DISTRIBUTES EDITORIAL MATERIAL TO LOCAL AND NATIONAL NEWSPAPERS, AND MAY ALSO PRODUCE EDUCATIONAL TELEVISION AND RADIO PROGRAMS.

Activities or mission (Part I)

PUBLISH THE PROGRESSIVE MAGAZINE, DISTRIBUTE EDITORIAL MATERIAL TO LOCAL AND NATIONAL NEWSPAPERS, AND MAY ALSO PRODUCE EDUCATIONAL TELEVISION AND RADIO PROGRAMS.

  • THE PROGRESSIVE, INC. PRINTS, DISTRIBUTES, AND PROMOTES THE PROGRESSIVE MAGAZINE THAT IS DISTRIBUTED TO APPROXIMATELY 30,000 RETAILERS AND SUBSCRIBERS EACH MONTH. THIS INCLUDES EDITORIAL COSTS WHICH ENCOMPASS THE PERSONNEL COSTS OF THOSE WHO SELECT, EDIT, AND WRITE MATERIAL FOR THE MAGAZINE AND ART AND PRODUCTION COSTS WHICH INCLUDE THE DESIGN, LAYOUT, AND PREPARATION OF THE MAGAZINE EACH MONTH FOR PRINTING BY THE ART DIRECTOR AND THE ART ASSOCIATE.

    Expenses $351,051 · Revenue $134,270

  • THE PROGRESSIVE, INC. DISTRIBUTES EDITORIAL MATERIAL TO LOCAL AND NATIONAL NEWSPAPERS THROUGH THE MEDIA PROJECT. THE MEDIA PROJECT SOLICITS, EDITS, AND DISTRIBUTES OP-ED COMMENTARY PIECES TO DAILY NEWSPAPERS IN THE UNITED STATES ON A FULL RANGE OF DOMESTIC ISSUES, AS WELL AS ISSUES ON FOREIGN POLICY, PEACE, AND INTERNATIONAL COOPERATION.

    Expenses $332,341

As filed on the 2022 return.

Listed in Part VII

  • James Friedman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Bill White

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Norman Stockwell

    PUBLISHER/SECRETARY

    Total calculated
    $84,601
    From this org
    $70,954
    From related orgs
    $0
    Other
    $13,647
    Hours/week
    40

  • Bill Lueders

    EDITOR (THROUGH JUNE)

    Total calculated
    $47,835
    From this org
    $33,333
    From related orgs
    $0
    Other
    $14,502
    Hours/week
    40

  • Daniel Libby

    DEVELOPMENT DIRECTOR

    Total calculated
    $80,570
    From this org
    $61,984
    From related orgs
    $0
    Other
    $18,586
    Hours/week
    40

  • Michael Apple

    AT-LARGE MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Ed Angelina

    AT-LARGE MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Mimi Goldberg

    AT-LARGE MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Sue Collins

    AT-LARGE MEMBER

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202343189349311274

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